There is a new Federal law that became effective January 1, 2024, that affects your company. The Corporate Transparency Act creates a national database of beneficial ownership information associated with U.S. companies, to combat terrorism, tax evasion, money-laundering, and other financial crimes.

As a company created or registered to conduct business before January 1, 2024, you will have until January 1, 2025, to file your initial beneficial ownership information report.

More information can be found on The required form will be available on that website. Failure to file this report can result in severe civil and criminal penalties.

Arthur H. Geffen

Attorney & Counselor at Law

17330 Preston Rd., Suite 200D-260

Dallas. TX 75252


214-447–0241 FAX